3 Auto Insurance Fraud Scenarios – What Every Person Should Know

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3 Various Scenarios for Organized Auto Insurance Fraud

Many Canadians are not even aware that there are many ways that you can become a victim of organized insurance fraud. It can result in huge insurance claim costs paid by your insurer and consequently, your premiums going up. Or, it could be even worse – you could be injured during an auto fraud accident! InsurEye’s infographic demonstrates the 3 most frequent auto insurance fraud scenarios to help Canadians to recognize and avoid them:

Swoop and squat: You hit a fraudster’s car after a sudden break on a road or highway

Drive Down: Your vehicle is hit by a fraudster’s car while driving out from your parking spot

Left Turn: Your vehicle is hit by a fraudster when making a left turn

Additional Ways to Increase Victim’s Insurance Payments

Each of previous scenarios can result in claim payments made through your (victim’s) insurance. But it is likely to become even worse: there are multiple ways that organized fraudsters can increase insurance payments: